Russian banks to offer crypto products amid rising domestic activity
Russia’s central bank has announced plans to allow financial institutions to offer crypto-linked investment products to qualified investors, according to...
Domestic
Russian Finance Ministry eyes domestic stablecoin to bypass Western infrastructure
Russia’s Finance Ministry is evaluating the creation of domestic stablecoins pegged to foreign currencies after access to Tether’s USDT was...
South Korea freezes US$176 mln of Terra CEO Do Kwon’s domestic assets
A South Korean court has approved local prosecutors’ request to freeze domestic assets and properties worth 233.3 billion Korean won...
South Korea launches Metaverse Fund to expedite domestic initiatives
While some global economies got distracted by the commotion around price instability and ecosystem collapses in crypto, South Korea doubled...
crypto: Domestic crypto trade volume worth 32,000 crore shifted to foreign bourses
Cumulative trade volume worth 32,000 crore ($3.852 billion) shifted from domestic crypto exchanges to foreign ones during February-October 2022, following...
China’s public security department officially reports first domestic NFT scam case
A spectator views a NFT art work at a NFT art exhibition held in Beijing. Photo: cnsphotoThe police department in...
mBridge participants to end domestic payments of foreign CBDC
Bank of Thailand official Vachira Arromdee said on Tuesday the four countries participating in the multinational central bank digital currency...
Tencent to cut domestic NFT marketplace team, look overseas: report
Tencent will lay off an undisclosed number of staff on its mainland China non-fungible token (NFT) marketplace team and adjust...
Bank of Russia backs cross-border crypto payments vs. domestic trade
Russia’s central bank governor Elvira Nabiullina is the latest official to confirm that the country is warming to the idea...
Big Crypto Lender Celsius Freezes All Account Withdrawals
Celsius said it hoped to lift its suspension on withdrawals, swaps and transfers as quickly as possible. Photo: Benjamin Girette/Bloomberg...